Firms only care about 'lower taxes', says Robert Reich

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Former US Labour Secretary Robert Reich says that tax avoidance by global corporations is costing jobs and suppressing the wages of the many for the benefit of the few. Countries should band together to counter the growing power of big companies, he insisted.

He told BBC Radio 4's Today programme that big firms only care about reducing their own tax bills, but said "that doesn't mean that we should buy into their sham argument".

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